State interests or local interests? An investigation of Chinese prefectural-level cities’ behaviour in response to national policy implementation

• Published in: Habitat international Vol. 150; p. 103115
• Main Authors: Hui, Eddie Chi-man, Yu, Ka-hung
• Format: Journal Article
• Language: English
• Published: Elsevier Ltd 01.08.2024
• Subjects: China; Debt financing; Intergovernmental relations; Land leasing; Local interests; National policies; Debt financing; Land leasing; Local interests; China; National policies; Intergovernmental relations
• ISSN: 0197-3975; 1873-5428
• DOI: 10.1016/j.habitatint.2024.103115

Through a study of the behaviour of already debt-ridden local governments in response to the Made in China 2025 policy, this paper explores whether local governments prioritized State interests over local interests, when their financial involvement was required. Deploying a panel data analysis for m...